Funding Circle (LON:FCH) Trading Down 15.6% - What's Next?

Funding Circle Holdings plc (LON:FCH - Get Free Report) shares fell 15.6% during mid-day trading on Tuesday . The stock traded as low as GBX 88.36 ($1.10) and last traded at GBX 105.50 ($1.31). 12,841,548 shares were traded during mid-day trading, an increase of 810% from the average session volume of 1,410,535 shares. The stock had previously closed at GBX 125 ($1.55).

Funding Circle Price Performance

The company has a current ratio of 2.58, a quick ratio of 3.33 and a debt-to-equity ratio of 35.11. The firm has a market capitalization of £337.89 million, a P/E ratio of 77.70 and a beta of 1.02. The company has a 50 day moving average of GBX 127.20 and a 200-day moving average of GBX 124.38.

About Funding Circle

Funding Circle LSE: FCH is a leading UK lending platform for SME borrowers. Established in the UK in 2010, and now the leading lending platform to SMEs, Funding Circle has extended more than £13.6bn in credit to c.103,000 businesses in the UK. For SME borrowers, Funding Circle provides an unrivalled customer experience, delivered through its technology and data, coupled with a human touch.